My Tenant Is In Medically Induced Coma. What Should I Do?

If you have an emergency contact for your tenant, it’s best to call that person. If you inherited the tenant, look in the lease, you may find it there.

If you can’t find it in the lease, call her work or ask the hospital. 

The emergency contact may have the legal authority to end the lease and come and get her things. Or, conversely, to pay the rent. Being listed as an emergency contact doesn’t give anyone the right to enter the rental or to make decisions for the tenant.

A medically induced coma rarely lasts more than a few weeks, so in addition to finding out who is the emergency contact for the tenant, waiting it out maybe the best course of action.

I would definitely recommend consulting an attorney if this lasts more than one month. 

 

Recommended Hard Money Lender – Florida

Lending One is one of the largest direct private lenders in the country. Call (866)-724-7555 for a no-obligation quote.

We offer Fix/Flip, Rental, Multi-family and New Construction loans. We lend in 45 states and help investors from small to large (loans from $75,000 – $30,000,000).

You can search BiggerPockets to see why customers love working with us!

Low rates, fast closings, and great service.

– Fix/Flip Loans – Up to 90% of purchase and repairs

– Rental Loans – 30 Year Fixed Rate Up to 80% LTV (Single Property & Portfolios)

– New Contruction – Up to 85% of the project cost

Not a broker nor a bank, but a fully funded lending partner that can close consistently and help you grow your business. LendingOne uses our own capital, an easy online application, and our extensive real estate experience to provide quick and reliable funding for our clients.

Our experienced management team truly understands the real estate business and has taken an investor friendly approach to the lending business. We are self-funded, allowing us to move quickly and finance your project using 100% of our own capital.

With our proprietary technology, we have streamlined the real estate lending process. At the click of a button you can be pre-qualified for our competitive rates. Pre-Qualify online 24 hours a day, seven days a week and we will get you to the closing table in as little as ten days.

https://app.lendingone.com/ – 2 Minute online quote

Call (866)-724-7555

High raccomend it ! - Closed loan with a LOWER rate than initially quoted - Incredible 30 years fixed (where do you find it at a reasonable rate when you hit the Fennie M Freddie Mac # properties limit?) - No tax returns. If you have a rental contract that serves the mortgage you are good - 100% investor friendly
Paolo Ruggieri
Investor

Codebox Review

Codebox is my favorite solution for landlords who have less than 5 rental properties. The cost for the lockbox is $46-$56 (prices may change) one time. I like that you own the lockbox and you don’t have to pay monthly fees.

Screen of dashboard of Codebox

This code allows you to send a code to potential tenants for a viewing. You can ask them for a selfie and copy of their driver’s license before they can view the property. The code is only valid for a one-time viewing.  

You can pair the Codebox with some showing apps but all of them are too expensive for just a couple of rentals.

We tried the Junior Codebox and the only negative we found is that sometimes you have to press the buttons really hard to make them work. I don’t hear the same complaint for the Larger Codebox.

If you are a landlord with small number of rentals, this is a time saver. We have used a similar lockbox in our business (Rently) and we’ve never had an issue.